Audi India, the Indian unit of Germany based leading luxury car maker Audi, is all set to mark its debut in the used car business in the country by the end of this year. The company said on Wednesday that it is expecting used car sales to account for up to 20 percent of its new car sales in future.
Speaking to reporters in Gurgaon, Audi India Head Michael Perschke said, "The way Indian market is growing, there is an opportunity in the used car business and we also want to tap it. By the end of the year, we will start our used car business under the Audi Approved Plus brand."
Meanwhile, the company is also planning to enhance its foot prints in the Indian market along with increasing its manpower by hiring than 600 people in next two years. Audi India plans to take the total number of its dealerships to 25 by year 2012, as compared to existing 13 dealers.
Excited with the ongoing high demand momentum, Audi India aims to sell over 5,000 units in the current year, as against 3,003 units sold in the last year. In the first seven months of this year, the company managed to sell 3,145 units of its cars as compared to 1,626 units sold in the same period last year, registering a whopping growth of 93 percent. The company aims to have 25 percent market share in the Indian luxury auto market over a period of net 4 years.
